China’s UBTech Robotics eyes US$400 million in Hong Kong share placement

China’s UBTech Robotics eyes US$400 million in Hong Kong share placement

Sixth fundraising this year will aid push into industrial manufacturing, a ‘historic opportunity for humanoid robots’, company says.

Interview: Peggy Johnson, Agility Robotics

Peggy Johnson, CEO, gives an insight into Agility Robotics’ latest developments with humanoid robot Digit. The post Interview: Peggy Johnson, Agility Robotics appeared first on Mobile World Live.

Ubtech Robotics Aims to Raise Nearly USD 400M via Hong Kong Share Sale

Ubtech Robotics is planning to raise HKD 3.1 billion (approximately USD 398.7 million) through a new share offering in Hong Kong to finance investments. The company will issue 31.5 million new shares at HKD 98.80 (around USD 12.70) per share, representing roughly an 11.4% discount compared to yesterday’s closing price of HKD 111.50. This move will increase the company’s total share capital from 472 million to 503 million shares. Since listing in…

China’s UBTech Robotics seeks Big Capital Push with $400 Million Hong Kong Share Deal

UBTech seems to be concentrated on making sure it can meet growing demand with both speed and scale as businesses and governments from various regions rush to implement automation solutions.  As it proceeds with a $400 million share placement in Hong Kong, UBTech Robotics, one of China’s most well-known names in humanoid and service-robot innovation, is getting ready for a significant capital infusion. At a time when robotics is quickly transiti…

UBTECH Plans Share Placement to Raise Over HK$3 Bn, Secures Record Humanoid Robot Order - YT FINANCE

The post UBTECH Plans Share Placement to Raise Over HK$3 Bn, Secures Record Humanoid Robot Order appeared first on YT FINANCE.